Description: Goldman Sachs CEO Lloyd Blankfein says low oil prices are a net positive for the U.S. economy. Source: CNNMoney.com – video report Date: Feb 24, 2015 Link: http://money.cnn.com/video/investing/2015/02/24/lloyd-blankfein-goldman-sachs-oil.cnnmoney/ Questions for Discussions: Why does Lloyd Blankfein believe lower oil prices are good for the economy? How should investors be expected to respond if his understanding… Read more »
Posts Tagged: Commodities
The Hot New Statistic Oil Traders Are Eyeing Is 71 Years Old
Description: (Bloomberg) — It was like clockwork. Every week since 1944, Baker Hughes Inc. would release its survey of how many rigs were out drilling for U.S oil and gas. And every week, oil and gas traders would, for the most part, overlook it. Source: Bloomberg.com – video report Date: Feb 18, 2015 Link: http://www.bloomberg.com/news/articles/2015-02-18/the-hot-new-statistic-oil-traders-are-looking-at-is-71-years-old… Read more »
If history is a guide, oil could rebound in May
Description: Oil bulls may only need to be patient for a little while longer. Source: MarketWatch.com Date: Feb 18, 2015 Link: http://www.marketwatch.com/story/if-history-is-a-guide-oil-could-rebound-in-may-2015-02-18 Questions for discussion: Explain the analysis upon which the prediction is based. Do you agree with this assessment and prediction?
Citi: Oil Could Plunge to $20, and This Might Be ‘the End of OPEC’
Description: The recent surge in oil prices is just a “head-fake,” and oil as cheap as $20 a barrel may soon be on the way, Citigroup said in a report on Monday as it lowered its forecast for crude. Source: Bloomberg.com – video report Date: Feb 09, 2015 Link: http://www.bloomberg.com/news/articles/2015-02-09/citi-oil-could-plunge-to-20-and-this-might-be-the-end-of-opec- Questions for Discussions: Summarize the arguments for oil… Read more »
Oil rally is a “short squeeze” that won’t last: Trader
Description: Todd Horwitz, founder at AverageJoeOptions.com, joins The Close to explain why he believes the current rally in crude oil prices won’t last long. Though he suspects oil will eventually recover to $65 or $75 per barrel, he believes this rally won’t lift prices to those lofty levels. Source: BNN.ca – video report Date: Feb… Read more »
Druckenmiller Alums at PointState Make $1 Billion on Oil
Description: Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction. Source: Bloomberg.com Date: Jan 21, 2015 Link: http://www.bloomberg.com/news/2015-01-20/druckenmiller-alums-at-pointstate-make-1-billion-on-oil.html Questions for discussion: What was the basis for shorting oil? How should investors view oil today?
Are low oil prices good or bad for the economy?
Description: Fortune’s Stephen Gandel explains how low oil prices are affecting market trends across the globe. Source: Fortune.com – video report Date: Jan 16, 2015 Link: http://for.tn/1BcnAhx Questions for Discussions: Summarize the keys points made in this report. How should investors be expected to respond? How can companies “defend” against the expected investor reaction?
Will the new gold rush last?
Description: Gold is glittering in 2015. But it may be a temporary spike due to Greece and Europe fears and not a sign of another bull run for the yellow metal. Source: CNNMoney.com – video report Date: Jan 07, 2015 Link: http://money.cnn.com/video/investing/2015/01/07/gold-prices-rise-as-stocks-and-oil-prices-fall.cnnmoney/ Questions for Discussions: What are the reasons for gold’s rise as presented in… Read more »
Why Rosenberg says the drop in oil is a ‘black swan event’
Description: Oil is hitting fresh lows again, dropping to under $55 a barrel today on worries about a global supply glut and lacklustre demand. David Rosenberg, chief economist and strategist at Gluskin Sheff and Associates tells BNN why he sees the ongoing plunge as a ‘Black swan event.’ Source: BNN.ca Date: Jan 05, 2015 Link:… Read more »
Investing in oil can cause pain now but produce profits later
Description: Your patience will be rewarded if you can wait as long as a year Source: Marketwatch.com Date: Jan 08, 2015 Link: http://www.marketwatch.com/story/investing-in-oil-can-cause-pain-now-but-produce-profits-later-2015-01-08 Questions for Discussions: Summarize the investment play suggested to investors. Do you agree with this line of thinking?
